Dive summary:
- Economists expect that the mid-Atlantic region will have a small but significant increase in the number of construction jobs as work begins to rebuild from Superstorm Sandy.
- The need to repair homes, commercial buildings, roads and bridges will probably produce an employment gain starting in early 2013, they say.
- Sandy did an estimated $50 billion in damage, a lot of it to structures. Repairing them will require workers, who often are paid higher-than-average wages that go into the economy.
From the article:
Hiring in the long-depressed U.S. construction industry will get a boost from the rebuilding that will follow Superstorm Sandy. ...